AML/CFT Regulatory Reminders

The Financial Services Commission (FSC) requires all financial institutions under its purview to comply fully with their anti-money laundering, combating financing of terrorism (AML/CFT) and proliferation financing obligations under the Money Laundering and Financing of Terrorism (Prevention and Control) Act, 2011-23 and the AML/CFT Guidelines issued by the FSC.

The FSC issues regulatory reminders to ensure that regulated financial institutions maintain focus on complying with critical aspects of the anti-money laundering, combating financing of terrorism and proliferation financing requirements.